L lalalace Guest 23 Oct 2008 #1 I am in Germany and going home to the USA. I have a large amount of euros. Is it better to exchange them here to dollars in Germany or back in the USA?
I am in Germany and going home to the USA. I have a large amount of euros. Is it better to exchange them here to dollars in Germany or back in the USA?
M mooney76 Registered User Messages 176 23 Oct 2008 #2 Its better to exchange wherever you get the best exchange rates. Try your bank for a usd quote and also try transfermate.com and compare. US banks generally offer rubbish exchange rates so Id clear it up before leaving. It depends also on whether you think the usd will weaken. Euro has weakened v USD largely due to the likelihood of euro interest rates expected to go down soon based on ecb comments.
Its better to exchange wherever you get the best exchange rates. Try your bank for a usd quote and also try transfermate.com and compare. US banks generally offer rubbish exchange rates so Id clear it up before leaving. It depends also on whether you think the usd will weaken. Euro has weakened v USD largely due to the likelihood of euro interest rates expected to go down soon based on ecb comments.